Food Summit calls for more investment in agriculture

The Summit on soaring food prices, convened by the UN Food and Agriculture Organization (FAO), has concluded with the adoption by acclamation of a declaration calling on the international community to increase assistance for developing countries, in particular the least developed countries and those that are most negatively affected by high food prices.

“There is an urgent need to help developing countries and countries in transition expand agriculture and food production, and to increase investment in agriculture, agribusiness and rural development, from both public and private sources,” according to the declaration.